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Investor Moonmanifest Claims $59.45 Million Worth of WLFI Tokens

Investor Moonmanifest Claims $59.45 Million Worth of WLFI Tokens

Whale investor @moonmanifest47 claimed 200 million unlocked WLFI tokens worth $59.45 million and later sold part of the position, showcasing active trading in the WLFI market.

USDC

Fact Check
Both provided sources, which are news flashes from the KuCoin platform in different languages, directly corroborate the statement. They confirm that an investor named 'moonmanifest' claimed 200 million WLFI tokens valued at $59.45 million.
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Summary

On September 1, on-chain analyst Yu Jin reported that whale investor @moonmanifest47 claimed 200 million WLFI tokens from a 20% unlock, valued at $59.45 million. Shortly after, the investor sold 10 million WLFI for 2.1 million U at $0.21 each, reflecting a move into active trading. The investor had initially bought 1 billion WLFI for 15 million USDC at $0.015 per token during the first public sale.

Terms & Concepts
  • WLFI token: A cryptocurrency associated with the WLFI project, representing a tradable digital asset within its ecosystem.
  • USDC: USD Coin, a U.S. dollar–pegged stablecoin commonly used for trading and settlement in crypto markets.
  • Token unlock: A scheduled release of previously locked tokens (often from vesting), making them transferable and tradable.